If your late loved one was generous with gifts, then unless they kept good records you might have to turn detective when filling in inheritance tax forms. Even when an estate is not large enough to ...

Receiving an inheritance, whether expected or unexpected, is a bittersweet experience. While the extra money (or assets) may ...

You worked hard to have a comfortable life and pass on some wealth to your heirs. Unfortunately, if not done strategically, ...

Families are often able to build up a substantial net worth through owning property, like a farm, or a small business. Unfortunately, time and time again, a patriarch’s plans to pass his legacy on to ...

Sometimes, a parent will give money or property to a child or grandchild while the parent is alive. Gifts made while the gift-giver is alive are legally called “inter vivos” gifts. When there are ...

Making regular gifts from surplus income is a highly effective way to pass wealth to family, free of inheritance tax.

From self-assessment tax returns to HMRC struggles, the Telegraph’s tax expert, Mike Warburton, answered all the tax questions that have been bothering you. Last week, Mike shed a light into which ...

With inheritance tax (IHT) bills rising fast, giving financial gifts to your loved ones early could be a great way to reduce your inheritance tax bill. Last tax year, IHT revenues hit a record high of ...

Gifting is a popular way to avoid inheritance tax (IHT) liabilities – but £61 million in gifts given broke HMRC’s rules last year, with families forced to pay up on presents they thought would be free ...